Maybe Apple has improved upon the tech. As far as mini-LED goes, FALD is a fairly off-the-shelf technology that's been used for awhile now but to mixed results, mostly in TVs and monitors. I believe even Apple's XDR Display shows visible blooming. It really comes down to how manufacturers implement it.
I will say though, that if people want Apple to expand their 120Hz Pro Motion tech to other products, OLED is definitely the way to go since it has an extremely fast pixel response time, so no motion blur.